15 Millennial Entrepreneur Facts

At over 80 million strong, the millennial generation is changing the way just about everything works – including work.

Trailblazing Millennials are forgoing traditional work opportunities in favor of something that provides a lot more freedom –entrepreneurship.

As millions of millennials start their own businesses and say “yes” to hiring themselves, the way we work is forced to quickly evolve. Full-time employees are being replaced by independent contractors, and old school 9-to-5’s are being converted to virtual positions (margarita by the beach, anyone?).

Entrepreneurship curriculum has been added to more than 2,100 U.S. colleges and universities (US Chamber of Commerce).

More than 40 percent of the freshmen that come into Belmont University’s entrepreneurship program have already started businesses (Belmont University).

Millennial males, blacks, and Latinos are most inclined toward starting their own business; females are more likely to be interested in starting nonprofits (US Chamber of Commerce).

90 percent of millennials say being an entrepreneur is a mindset instead of the role of a business owner (Millennial Branding / oDesk).

64 percent of millennials would rather make $40,000 a year at a job they love than $100,000 a year at a job they think is boring (Inc.).

Millennials say the ability to get a loan or credit is the biggest challenge to starting a business, with almost two-thirds saying that they do not receive enough support from banks (US Chamber of Commerce).

54 percent of millennials either want to start a business or already have started one (Kauffman Foundation).

87 percent of millennials believe that “the success of a business should be measured in terms of more than just its financial performance” (Deloitte).

Hannah Becker is a Millennial Career, Lifestyle, and Travel blogger living on a working cattle ranch outside of Kansas City. Hannah’s a FIT MBA graduate, a Consultant at Becker Marketing & PR and an Adjunct Business Professor at two Midwestern colleges. Additionally, she is the spouse of a Post-9/11 combat veteran and is a passionate advocate for today’s military families.

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About Me

Hannah Becker is a Millennial Career, Lifestyle, and Travel Blogger living on a working cattle ranch in Kansas. She’s an MBA Grad, College Professor, and Marketing Consultant that’s a passionate advocate for the needs of family and veteran caregivers. Married to a Military Officer, Hannah is a soon-to-be Mom, modern-day cowgirl, and an avid equestrian.